Automatic sharing of information with OECD to commence from September
Fifty-six countries have expressed willingness and officially issued a requisite requirement for automatic exchange of information with Pakistan
U.S. Commerce Secretary arrives in Beijing for talks on trade surplus
President Donald Trump threw the status of the talks into doubt this week by renewing a threat to hike tariffs on $50 billion of Chinese goods over complaints Beijing steals or pressures foreign companies to hand over technology
Karachi traders target Rs60 billion sales from Eid-ul-Fitr shopping
The highest sales posted in Karachi during the PML-N five-year tenure was Rs70 billion in 2015
Profit repatriation rises to $1.773b in July-April FY18
Power sector recorded the highest FDI inflow $750 million and payments on FDI touched $180 million during July-April FY18
Rupee plunges to record low against dollar, touches Rs119.35 in kerb market
Many expecting an imminent devaluation of the rupee have started holding onto their dollars foreseeing a better return later
Pakistan may need to knock at IMF’s door
The trade gap has swelled driven by rising imports, which caused the widening of the current account deficit to $14 billion during the first ten months (July-April) of the outgoing financial year 2017-18
IP gas pipeline implementation to be reviewed in next financial year 2018-19
The 56-inch pipeline would start from the onshore gas processing facility at Assaluyeh in Iran to transverse a distance of 1,150km up to the Iran-Pakistan border
Market Daily: PSX extend gains for second consecutive week Â
Technically speaking, the KSE 100 index staged a dull session and closed just shy of 20EMA (42,979). Next major resistance is previous week’s high (43,060).
Country’s CPI surges by 4.2 per cent in May 2018
According to the monetary policy announced by the State Bank of Pakistan (SBP), the average inflation is expected to remain between in range of 4.5 per cent - 5.5 per cent, while 2018-19 inflation is expected above 6.0 per cent.
Pak Suzuki Motor Company Ltd jacks up car prices for third time in 2018
ISLAMABAD: The Pak Suzuki Motor Company Limited (PSMCL), while giving its revisions in automobile retail prices, has jacked up the prices of its vehicles...
FATA merger with KPK opens opportunity for fresh investment: BMP
KARACHI: The Businessmen Panel (BMP) hailed FATA’s merger with Khyber Pakhtunkhwa (KP) province as a landmark advancement opening fresh vistas of progression...
PSO clarifies its position with regards to ongoing rumours
KARACHI: Clarifying its position on recent rumours circulating in some quarters of the local media surrounding Pakistan State Oil (PSO), the nation’s...
Global trade friction puts Asian factories, export recovery at risk
The biggest risk for China’s vast manufacturing sector, which posted surprisingly steady growth this year, stems from a potentially crippling trade war with the United States, analysts say
FBR collected Rs3.274 trillion in taxes during July-May FY18
During the five-year tenure of PML-N, the revenue collection almost doubled from Rs1.946 trillion when it took power in June 2013
Govt approves removal of Neelum-Jhelum surcharge from COD date
The outgoing government gave go-ahead to exemption from income tax on profits and gains of prevailing businesses carried out by people in Fata and Pata for next five years